Russia to Supply Natural Gas to Hungary via TurkStream

Gazprom Export, a subsidiary of Russia's state-owned Gazprom, will supply Russian natural gas to Hungary, bypassing the traditional transit route through Ukraine for the next 15 years.

According to the company statement, Hungary will start receiving Gazprom's gas via TurkStream, a pipeline running from Russia to Turkey across the Black Sea, and the pipelines of southeastern Europe beginning from October 1, 2021.

The contracts envisage supplies of up to 4.5 billion cubic meters (bcm) of gas annually, of which 3.5 bcm will be transported through Hungary's interconnector with Serbia and 1 bcm -- via the pipeline running from Austria.

Ukraine Says Russia Halts Gas Flows To Hungary, Adding To Jitters In European Gas Markets | RFERL |

Further reading ...

Ukraine and the Caspian - An Opportunity for the United States | Rand - 2000 |

The United States has said that the Caspian region, and the development of its energy resources, is a key national security interest. It has also made clear its commitment to the independence of Ukraine.